Startup Bangladesh Limited (SBL), a government-funded venture capital company, has recently inked a significant memorandum of understanding (MoU) with LightCastle Partners, a management consulting firm originating from Bangladesh and with operational bases in Bangladesh, Singapore, and the United States. The objective of this partnership, as stated in a press release, is to bolster the growth of Bangladesh’s startup ecosystem by leveraging data-driven insights, fostering investment prospects, and establishing stronger connections between local entrepreneurs and global investors.
The collaboration between the two entities will primarily revolve around creating research and knowledge materials for the ecosystem, orchestrating initiatives to engage investors, and conducting global promotional campaigns. Additionally, they will host joint ecosystem activities like webinars and roundtable discussions, along with introducing a quarterly newsletter dedicated to Bangladesh’s startup industry, according to the press release.